OTCPK:PILBF - Post by User
Comment by
CalifDreamingon Jan 18, 2008 1:56pm
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Post# 14226019
RE: califdream
RE: califdream>Err, you pulled the $5 margin outta yer a$$. TD obviously thinks margins are going to be higher than $5 in 2009.
Read the friggin prospectus or listen to the CC. And pay attention to the "concerns" about the Looney gaining 25% strength, increased shipping and fuel costs. Perhaps margins collapsing from $3.22 in Q2 to $1.61 in Q3 (despite higher production) might give a flavor of how it is affecting them.
Yep, I can see how any fool would assume it's reasonable to expect higher margins with $100 oil, the Looney at parity and the Calif cstr market slowing preciptiously.
Crikies.